|
In recent years, compliance has become a central theme in global
business. Following implementation of the Protection of Personal Information
Act in 2005 and the New Corporation Law in 2006, the Japanese government
established the Financial Instruments and Exchange Law, the Japanese
version of SOX, in 2006. The result of these new laws is that businesses will
no longer be excused for their failure to proactively implement internal
regulations and compliance controls to handle information leaks and
accounting fraud.
Although it is critical for businesses to adopt a strong compliance position,
it is nearly impossible to completely avoid internal improprieties or lawsuits.
The Enron accounting scandal is an example that multi-national companies
cannot dismiss. Companies in Japan have also experienced internal
improprieties that have led to criminal and civil lawsuits. Additionally, there
has been a significant increase in patent infringement and product liability
litigation. These circumstances have heightened the importance for
businesses to make proper reporting of company activities, and particularly,
for financial reporting. When company information is released, the integrity
of that information is crucial.
These days when a report is called into question, the target of information
disclosure is most often digital data. For the integrity of the electronic data
to be guaranteed, precise technology and data discovery experience are
critical for success. As the number of civil litigation proceedings involving
eDiscovery in the United States have increased, the Federal Rules of Civil
Procedure were amended in December 2006 to formalize and further define
eDiscovery processes.
Legal High Tech is the ability of highly skilled examiners using advanced
technological tools in the discovery process to validate the integrity of digital
data. Legal High Tech is the new keyword for businesses that insist on
Compliance and Accountability in their goal to provide appropriate
information disclosure when an "at risk" incidence occurs. For businesses
seeking to mitigate the risks inherent in financial reporting, product liability,
internal investigations, and any information disclosure related proceedings,
UBIC offers cutting edge Legal High Tech solutions that will provide a high
level of confidence in corporate management.
UBIC's goal is to increase the value of your business through accurate and
timely data discovery. In the face of risks inherent to necessary Compliance
and Accountability governance practices, we provide a "Safe Harbor for
your Company".
|